Tag Archives: Market News

CoinspeakerJPMorgan Reports Q2 2023 Figures Scaling Analysts’ Estimates on Revenue and EPS The increase in Q2 2023 figures show that JPMorgan is not negatively affected by its recent acquisition of First Republic Bank. JPMorgan Reports Q2 2023 Figures Scaling Analysts’ Estimates on Revenue and EPS

CoinspeakerDelta Air Lines Announces Highest Quarterly Revenue and Profitability in Airline’s History Delta Air Lines shares are up today after the company reported an adjusted revenue of $14.61 billion vs. $14.49 billion expected by analysts. Delta Air Lines Announces Highest Quarterly Revenue and Profitability in Airline’s History

CoinspeakerBlackRock Spot Bitcoin ETF Could Unlock $30T Worth of Capital Over the past decade, the SEC has rejected as many as 30 spot Bitcoin ETF applications from firms such as Gemini, Fidelity, and WisdomTree.     BlackRock Spot Bitcoin ETF Could Unlock $30T Worth of Capital

CoinspeakerVeteran Economist Steve Hanke Suggests that US Inflation Is Now Gone Hanke's commentary follows barely 24 hours after the US inflation rate for June came in lower than expected at 3%. Veteran Economist Steve Hanke Suggests that US Inflation Is Now Gone

CoinspeakerUS Stocks Rally as Inflation Numbers Come in Below Expectations The Federal Reserve is expected to raise interest rates at its July meeting, according to market estimates.  US Stocks Rally as Inflation Numbers Come in Below Expectations

CoinspeakerNvidia Prepares to Be Anchor Investor in Arm IPO Sources familiar with the matter said that the two players have been negotiating over valuations. They also stated that SoftBank's founder Masayoshi Son is trying to find big investors for Arm, as SoftBank has plans to liquidate its stake. Nvidia Prepares to Be Anchor Investor in Arm IPO

CoinspeakerSoftBank Group Is Contemplating US IPO for Its PayPay Payments Division Before the end of 2023, SoftBank may finalize IPO efforts in the US for PayPay and Arm. SoftBank Group Is Contemplating US IPO for Its PayPay Payments Division

CoinspeakerCathie Wood’s Ark Invest Sells $12M in Coinbase Shares amid Rally Meanwhile, some Coinbase executives, including CEO Brian Armstrong, have been taking advantage of the stock’s rally in recent months. Cathie Wood’s Ark Invest Sells $12M in Coinbase Shares amid Rally

CoinspeakerUK Mortgage Rates Reaches 15-Year High as Housing Market Slows Matthew Ryan, head of market strategy at global financial services firm Ebury, anticipates that the central bank will hike interest rates to around 6.35% within the first three months of next year. UK Mortgage Rates Reaches 15-Year High as Housing Market Slows

CoinspeakerTemasek Records 5% Decline in Annual Shareholder Return Temasek adopted a cautious approach and slowed down its investment pace, with a net investment of $3 billion in the 12 months ending March 31. Temasek Records 5% Decline in Annual Shareholder Return